SME Times is powered by   
Search News
Just in:   • South Korea's current account surplus widens amid US tariff pressure  • SEBI bars US firm Jane Street from Indian markets, directs it to deposit Rs 4,843 crore  • India will soon be world’s third-largest economy: PM Modi  • India’s chemical sector can reach $1 trillion by 2040, create 7 lakh jobs by 2030: NITI Aayog  • Intense talks continue to reach interim India-US trade deal ahead of deadline 
Last updated: 04 Jul, 2022  

BSE.New4.THMB.jpg Small-cap indices witness sharp correction from the highs of Oct'21

BSE
   Top Stories
» SEBI bars US firm Jane Street from Indian markets, directs it to deposit Rs 4,843 crore
» Intense talks continue to reach interim India-US trade deal ahead of deadline
» India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri
» India's industrial production registers 1.2 per cent growth in May
» Govt committed to building safe and smart energy future: Minister
IANS | 04 Jul, 2022
Small-cap indices have corrected sharply from the highs of October 2021.

While the Nifty-50 declined 15 per cent from its October 2021 peak against a 20 per cent decline in midcaps and 28 per cent decline in smallcaps, the broader market has witnessed a much sharper sell-off.

NSE Smallcap 100 index is down even vs December 2017 levels as per a report by Motilal Oswal Financial Services.

India has outperformed key global markets in June'22 amid various challenges. Autos gained while Metals and Private Banks were top losers and 85 per cent of BSE 200 constituents declined in June'22.

Average daily cash volumes dropped 45 per cent from the Oct'21 peak. Mid-cap volumes are down 2/3rd vs Oct'21 peak while Smallcap volumes have halved vs Oct'21, the report said.

The corporate profit-to-GDP ratio rebounded to a 10-year high of 4.3 per cent in 2022. The ratio improved for 18 of 25 sectors.

The US CPI surpassed India CPI for the first time in a decade in Sep'21 and has remained so since then.

FIIs recorded outflows for the ninth consecutive month and stood at $6.3 b in Jun'22 - the highest since March'20. Domestic inflows remained robust at $6 b in Jun'22 and the year to date 2022 inflows stood at $26.7 b.

Forex reserves are at the lowest since May'21 and the Indian rupee at an all-time low v/s US dollar. Forex reserves declined to $591b, a decline of $51b from its peak of Oct'21. Reserves are at their lowest level since May'21.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter